NOT LISTED FOR SALE

4452 Power Dr Sherrills Ford, NC 28673

Estimated Value: $1,042,000 - $1,350,180

4 Beds
3 Baths
4,264 Sq Ft
$288/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $1,182,000 $277 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,165/month

70 Days on Market

Highlights

  • Boathouse
  • Covered Dock
  • Cathedral Ceiling
  • Sherrills Ford Elementary School Rated A-
  • Spa
  • Wood Flooring

About This Home

As of January 2024

Nestled on the shore of Lake Norman, this captivating lakefront log cabin is a rare gem awaiting its next owner! A harmonious blend of rustic charm and modern comfort, this property offers the perfect balance between natural beauty and lake living. The living room showcases a stunning stone fireplace, while the kitchen boasts ample counter space & breakfast bar. With 4 bedrooms, 3 bonus rooms & 3 baths, this cabin creates a spacious and inviting atmosphere designed for comfort and relaxation for up to 16 guests. With an expansive deck overlooking the lake, it's the perfect place to savor your morning coffee, host barbecues, or simply relax in the fresh air while enjoying lake views. From boating to swimming & fishing or simply lounging on the private floating dock, you'll relish the countless activities this waterfront property offers. Whether you're looking for a peaceful residence or a lucrative vacation rental investment, this lakefront log cabin offers endless potential.

Last Agent to Sell the Property

Lindy Blanchard

NorthGroup Real Estate LLC Brokerage Email: LindyBlanchardRealtor@gmail.com License #314628 Listed on: 10/04/2023

NorthGroup Real Estate LLC

Last Buyer's Agent

Laura Ruby

RE/MAX Executive License #332411

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,527

Year Built

  • Built in 1996

Lot Details

  • Sloped Lot
  • Property is zoned R-30

Parking

  • Detached Carport Space

Home Design

  • Rustic Architecture
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Propane Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Spa
  • Waterfront has a Concrete Retaining Wall
  • Boathouse
  • Covered Dock
  • Balcony
  • Covered patio or porch
  • Fire Pit

Schools

  • Sherrills Ford Elementary School
  • Mill Creek Middle School
  • Bandys High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Built by Paul Norman
  • Ken Wood Forest Subdivision, Old Hickory Log Home Floorplan

Listing and Financial Details

  • Assessor Parcel Number 3696088868990000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,527

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Year Built: 1996
  • Restrictions: No Representation
  • Road Surface Type: Concrete
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 277.20
  • Geocode Confidence: High
  • Attribution Contact: LindyBlanchardRealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Entrance Foyer, Garden Tub, Kitchen Island, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1999
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 266
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 2265
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1999
  • Fireplace Features: Gas, Great Room, Propane
  • Living Area: 4264
  • Bedroom Main: 3
  • Room Count: 16
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Fire Pit, Dock, Hot Tub
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat House, Covered structure, Dock, Retaining Wall
  • Construction Type: Log
  • Patio And Porch Features: Balcony, Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Detached Carport

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Hall, Laundry Closet, Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Available, Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Mill Creek
  • HOA Subject To: None

Lot Info

  • Lot Features: Sloped, Views, Waterfront
  • Lot Size Area: 0.75
  • Lot Size Units: Acres
  • Parcel Number: 3696088868990000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-30

Building Info

  • Builder Name: Paul Norman

MLS Schools

  • Elementary School: Sherrills Ford
  • High School: Bandys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Jan 11, 2024
Sold by
Sky Blue Properties Llc
Bought by
Hale Mark and Hale Nicole Marie
Seller's Agent
Lindy Blanchard
NorthGroup Real Estate LLC
Buyer's Agent
Laura Ruby
RE/MAX Executive
List Price
$1,599,000
Sold Price
$1,182,000
Premium/Discount to List
-$417,000
-26.08%
Views
65
Current Estimated Value
$1,229,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,045
Avg. Annual Appreciation
3.47%
Original Mortgage
$945,600
Outstanding Balance
$925,627
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$321,045

Purchase Details

Closed on
Mar 30, 2021
Sold by
Young Russell Todd and Young Rebecca G
Bought by
Sky Blue Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2011
Sold by
Prestige Corporate Headquarters Power Dr
Bought by
Young Russell Todd and Young Rebecca G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 3, 2006
Sold by
Lineberger Nickie D and Lineberger Cher B
Bought by
Hedrick Connie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 5, 2002

Purchase Details

Closed on
Oct 1, 1996
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hale Mark $1,182,000 Fidelity National Title
Sky Blue Properties Llc $640,000 None Available
Sky Blue Properties Llc -- None Listed On Document
Young Russell Todd $640,000 None Available
Hedrick Connie K $535,000 None Available
-- $465,000 --
-- $70,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hale Mark $945,600
Previous Owner Sky Blue Properties Llc $640,000
Previous Owner Young Russell Todd $640,000
Previous Owner Hedrick Connie K $520,000
Previous Owner Lineberger Nickie D $416,000
Previous Owner Lineberger Nickie D $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $1,182,000 -15.3% $277 / Sq Ft
10/23/2023 10/23/23 Price Changed $1,395,000 -3.8% $327 / Sq Ft
10/10/2023 10/10/23 Price Changed $1,450,000 -9.3% $340 / Sq Ft
10/04/2023 10/04/23 For Sale $1,599,000 -- $375 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,527 $919,100 $222,000 $697,100
2023 $4,435 $556,300 $118,400 $437,900
2022 $3,922 $556,300 $118,400 $437,900
2021 $3,922 $556,300 $118,400 $437,900
2020 $3,922 $556,300 $118,400 $437,900
2019 $3,922 $556,300 $0 $0
2018 $3,418 $499,000 $118,400 $380,600
2017 $3,418 $0 $0 $0
2016 $3,418 $0 $0 $0
2015 $3,233 $499,000 $118,400 $380,600
2014 $3,233 $538,900 $112,700 $426,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4069435

Canopy MLS (Canopy Realtor® Association)

APN: 3696088868990000